News

  • Legislative Update For Week Ending December 4 2015

    The online survey, taken by 401 participants, was conducted in June and early July 2020. Here are some key findings: .Who Will Decide the Future of Your Benefits? .The potential cost of illegal immigration on federal benefit programs is for now still flying under the radar as political candidates vie for votes. Latinos are becoming a key electorate group. In 2010, The National Council of La Raza estimated that 20 million Latinos were eligible to vote in the 2010 elections — representing the fastest electorate growth rate of any group in the U.S. … Continued

  • Category Best Ways To Save Page 8

    While a drop in inflation should mean that people don't have to spend as much money due to higher prices, that hasn't been the case for older households, according to a survey by TSCL. The majority of survey participants, 72 percent, reported that their household budgets had gone up per month during 2015 even though the CPI-W in 2015 indicated that no COLA (for 2016) was payable. .Two Provisions That Can Reduce Or Eliminate Social Security Benefits .TSCL continues to work with Members of Congress for stronger protections of Social Security. TSCL supports legislation that would ban the payment of benefits based on illegal work — H.R. 787, "No Social Security for Illegal Immigrants Act," introduced by Representative Dana Rohrabacher (CA-46), and S.95, legislation to prevent Social Security credit from being earned without legal status, introduced by Senator David Vitter (LA). … Continued

TSCL agrees that improvements must be made to ensure that older Americans are better informed about their benefit claiming options, and we are hopeful that SSA will carefully consider the proposals made at Wednesday's hearing. In addition, TSCL hopes that Congress will appropriate adequate funding to SSA in the months ahead so that field offices around the country can provide the highest quality service possible to individuals nearing and in retirement. For progress updates, follow TSCL's advocacy efforts on Twitter. .By Jessie Gibbons, Legislative Analyst .Use of a consumer price index (CPI) that does not reflect the costs experienced by retirees to calculate the annual cost of living adjustment (COLA) suppresses the amount of lifetime Social Security income received. It reduces your Social Security benefit payments by thousands of dollars over the course of a retirement. .The Senior Medicare Patrol informs and empowers beneficiaries so that they may better detect, report, and protect against Medicare fraud. Volunteers focus on identity protection, and they also teach seniors to identify potential scams and to properly read their Medicare Summary Notices. There were more than fifty active Senior Medicare Patrol projects as of last year, with at least one in each state. To learn more about the Senior Medicare Patrol or to find a program near you, click HERE. .Please, share this video with your friends (use the "Share" button above or copy the URL into an email). .You must follow Medicare guidelines for receiving the services to ensure coverage. Find out how often you should receive a service. Some preventive services are covered only once every few years, others are covered only if you meet specific criteria. To learn more read "Your Guide to Medicare's Preventive Services," CMS Product No. 101Download a copy at www.Medicare.gov or call 1-800- Medicare ( 7). .But if your mom has lived with you some months already, you will need to determine if her former Medicare Advantage plan has already learned from CMS or the Postal Service of the move. If she moved over six months ago, then the plan should disenroll your mom 12 months after the move, but her Special Enrollment Period begins at the beginning of the sixth month and continues through the end of the eighth month after your move. .Congress was out of session this week because of the Presidents' Day holiday. Nearly all of those up for re-election (all of the House of Representatives and one-third of the Senate) were back in their home states and districts, most likely meeting with constituents and/or raising money for their campaigns. So although there was not a lot of news coming out of Congress, news was being made by the Trump administration. .Long-term solvency of the Social Security program is essential. In 2010, due largely to the economic downturn and a stagnant recovery, the Social Security Trustees estimated that the trust funds ran a cash deficit of billion and had to begin redeeming the U.S. government bonds held in the trust funds. Although the Social Security Trustees predict the trust funds will remain solvent, and that benefits can be paid in full until 2037, that assumes an unprecedented level of transfers from the general revenues. Leading economists, in the U.S. and worldwide, have said that the level of debt this would require risks undermining the stability of our economy.